Routing #: 221475786
A smarter way to borrow.
With no closing costs,1 a home equity line of credit (HELOC) from Teachers is the smart way to borrow. Whether you are making home improvements, consolidating debt, furthering your education, or covering unexpected expenses, a Teachers HELOC helps you gain the financial flexibility you deserve.
Teachers HELOC Benefits
Industry-Leading Rates
Introductory rates as low as 3.99% APR.
Financial Flexibility
Draw from your home’s equity and only pay interest on what you use.
70+ years of Trusted Experience
Supporting our members in creating a strong financial foundation.
Personalized Service
Customized guidance to help you make the most of your home's equity.
With a Teachers Home Equity Line of Credit you can:
- Benefit from rates as low as 3.99% APR for the first 6 months.2
- Remodel your home or use the credit line for big purchases—it’s easy to draw from at any time.
- Enjoy flexible payment options—choose between interest-only or principal and interest payments.
Disclosures
*APR=Annual Percentage Rate
1Closing costs for 1st home transactions will be paid by Teachers, but must be repaid by the borrower(s) if the minimum balance requirement on the HELOC is not met for the first 36 months of account opening.
2Rates and terms are accurate as of 04/17/2026 and are subject to change without notice. Borrowers with credit scores 700 and above may receive an introductory 3.99% fixed APR for the first 6 months with up to 75% Combined Loan-to-Value (CLTV) ratio and a maximum loan amount of $500,000.00. After the initial 6-month period, the APR becomes variable, adjusting based on the Wall Street Journal Prime Rate plus an applicable margin. Subject to creditworthiness.
Borrowers with credit scores 620-699 for first-lien HELOCs or 640-699 for second-lien HELOCs may receive a 5.49% fixed APR for 6 months with up to 75% Combined Loan-to-Value (CLTV) ratio and a maximum loan amount of $500,000.00. After the initial 6-month period, the APR becomes variable, adjusting based on the Wall Street Journal Prime Rate plus an applicable margin. Subject to creditworthiness.
Secondary Home: Home Equity Line of Credit products securitizing second home introductory rates as low as 5.49% APR, Prime + Margin for life thereafter. Minimum draw at closing required.
Teachers offers either an amortizing or an interest-only repayment option. Both options have a 10-year drawdown period followed by a 20-year repayment period. Lines up to $50,000 require $15,000 minimum advance and must maintain a minimum balance of $10,000 for 36 months to avoid repayment of closing costs. Lines $50,001 - $100,000 require $30,000 minimum advance and must maintain a minimum balance of $20,000 for 36 months to avoid repayment of closing costs. Lines $100,001 - $200,000 require $60,000 minimum advance and must maintain a minimum balance of $40,000 for 36 months to avoid repayment of closing costs. Lines $200,001.00 -$500,000.00 require $150,000.00 minimum advance and must maintain a minimum balance of $100,000.00 to avoid repayment of closing costs. Variable rate equal to the Wall Street Journal Prime Rate as published 30 days prior to interest rate adjustment date, applied at loan origination. The annual percentage rate may change monthly. The rate cannot increase or decrease more than 1.0 percentage point at each adjustment. The initial discount rate will not be taken into account in applying this periodic rate cap.
Rates/terms are subject to change without notice, and Teachers reserves all rights to revoke, suspend or modify this promotion at any time. All loans are subject to credit approval, and not all applicants may qualify for the lowest rate displayed. Maximum loan amount offered is $500,000.00. All offers of credit are subject to credit approval and property valuation; applicants may be offered credit at higher rates and other terms. Loan-to-Value (“LTV”) restrictions apply. Hazard insurance is required on all loans secured by real property; if the premises are located in a special flood hazard area, flood insurance may also be required. This offer is only available for owner-occupied primary residences and is not available for properties located in North Dakota, Idaho, South Dakota, Wyoming, Utah, New Mexico, Mississippi, Iowa, Montana, Alaska, Texas, Kentucky, or West Virginia. Please consult with a Teachers Federal Credit Union representative for more information. Membership required, $1.00 minimum Regular Savings account is required at or prior to HELOC opening. Consult a tax professional regarding the deductibility of your interest payments and charges.